Latest Intelligence on Home Improvement and Gardening Supplies

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Type Product title / description Pub Price
CommentWire
CommentWire

Kingfisher: DIY downturn brings rude awakening

Kingfisher emphasized its international successes when it reported its latest financial results, but could do little to deflect attention from the profit slump at its UK business B&Q. The group blamed the poor performance on market conditions, but a failure to spot the shift away from DIY to "Do-It-For-Me" was a key management error.

Published By Datamonitor
22 Mar 2006
CommentWire
CommentWire

Topps Tiles: top of the pile

Topps Tiles expects turnover to reach an impressive GBP88.5 million in the first half of this year, a touch higher than GBP87.5 million reported a year earlier. With signs that the UK housing market is starting to pick up, the retailer is well placed to take advantage of an increased demand.

Published By Datamonitor
05 Apr 2006
CommentWire
CommentWire

Wyevale: room to grow

Sir Tom Hunter and Baugur are leading a consortium to take over Wyevale Garden Centres in a deal that values the UK's largest garden retailer at GBP310 million. Despite a recent downturn in sales, the underlying prospects for the retailer are promising and the investment could drive further growth.

Published By Datamonitor
21 Apr 2006
Expert View
Expert View

Challenging times ahead for demerged GUS

GUS has reported underlying annual pre-tax profits of GBP829 million, down 9% from last year, as its Argos Retail Group (ARG) suffered a 38.9% profit decline in a difficult home retail sector. However, with profitable credit rating agency Experian about to be demerged, how well placed is ARG to prosper in a challenging retail environment?

Published By Datamonitor
25 May 2006
CommentWire
CommentWire

UK workforce: rise in employment of over 50s in the retail sector

The Employers Forum on Age, which represents 245 companies across the UK, says a growing number of older people are coming out of retirement and entering the workforce. A new law being introduced in October bans discrimination on age. This not only has the potential to extend our working live and changes the future of retirement, it also challenges employers on how to manage their workforce.

Published By Datamonitor
14 Jun 2006
CommentWire
CommentWire

UK retail: competition authority must think of consumers' best interests

The Women's Institute is lobbying the UK Competition Commission to scrutinize all food retailers with a market share above 1%. However, while the WI's motivation may be positive, consumers are clearly keen on the benefits that supermarkets can bring and their wishes should not be ignored.

Published By Datamonitor
26 Jun 2006
Expert View
Expert View

B&Q: teaching the world to DIY

A boom in private housing is fuelling a new market for home decoration changing the way the modern Chinese shop. But China has yet to become a 'DIY market' and B&Q has the immense challenge in transforming the consumer culture from 'buy it yourself' to 'do it yourself'.

Published By Datamonitor
28 Jun 2006
CommentWire
CommentWire

Dobbies: ripe for picking

Despite a difficult spring, Dobbies' interim results are strong and the continued expansion of the Scottish chain into the south is likely to bring the retailer into direct competition with rival Wyevale. However, a possible merger could be on the horizon, as retail entrepreneur Tom Hunter has a large stake in both.

Published By Datamonitor
28 Jun 2006
CommentWire
CommentWire

Topps Tiles: optimistic for future

Ceramic tile and woodflooring specialist Topps Tiles has announced current balance sheet strength and strong enough cash flows to return a hefty sum to its shareholders. At the same time, the retailer announced improved performance in its Q3 trading statement, following its weak start to the year, and is rightly optimistic in its outlook.

Published By Datamonitor
06 Jul 2006
Expert View
Expert View

GUS: weak margins threaten demerger

GUS announced mixed results from its two divisions yesterday ahead of its scheduled demerger in October. Although GUS' retail arm - Argos Retail Group (ARG) - has delivered a sterling performance during the first quarter of this year, it masks considerable variations between its two retail businesses, Argos and Homebase.

Published By Datamonitor
13 Jul 2006

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